MTECHTIPS:- Bank Nifty Future

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MTECHTIPS:- Bank Nifty Future:- BANKNIFTY(27534.7) is currently in BEAR trend . Yesterday the trend was CONFUSION TREND In Sep series BANKNIFTY future added 1.2 lakh position in Open Interest and this accounts to -7.47 % of Total Open Interest in Sep series.The BANKNIFTY Sep series is trading at 158.65 Rs premium to Underlying . In derivative cumulatively for all series contract BANKNIFTY future net shed 1.14 lakh position in open interest and this accounts to -6.88 % of Total Open Interest in all series and cumulatively trading in average premium of 243.13 Rs to Underlying.

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